Mutual Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
ALGER MID CAP GROWTH FUND CLASS B (NASDAQ:AMCGX)
Long-Term Downtrend (-90) - AMCGX is in a strong downtrend that is likely to continue. While AMCGX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AMCGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMCGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMCGX
The long-term trend has been DOWN since Mar 8th, 2021 at 15.36
The intermediate-term trend has been DOWN since May 4th, 2021 at 16.10
The short-term trend has been DOWN since Apr 29th, 2021 at 17.05
Smart Scan Analysis for AMCGX
Based on our trend formula, AMCGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.17||52wk High Date||2021-02-12|
|52wk Low||11.26||52wk Low Date||2020-05-15|
|Year End Close||15.67||Payment Date||2019-12-18|